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Please help me with a solution

ITC / Input 202 views 5 replies

I am having a travels company, I purchased vehicles in the month of November 2020, for my business and I have an itc of around 200000, can I claim ITC as I am making exempt supplies since April 2020, but exempt supplies pertains to my travel business

 

Replies (5)
Yes you can claim ITC
No you cannot avail the credit....
Ur outward supply is exempt supply then u can't claim itc it would be cost
Yes yes for exempt supplies you cannot avail ITC

Thank you so much... 


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